Hike In Probate Fees Ditched By The Government
- April 24, 2017
- Posted by: hopkinslaw
- Category: Family Law
News a hike in probate fees is to be ditched by the government was today welcomed by the Law Society of England and Wales.
Law Society president Robert Bourns said: “This proposal would have affected 42% of estates and would have put pressure on families when they have just suffered a bereavement, so we are glad it is no longer going forward.”
The proposal, which surfaced in the recent spring budget, would have hiked probate fees from a current flat fee of £215 (or £155 if done by a solicitor) to a sliding scale between £300 and £20,000 based on the value of the estate.
The Law Society was among the 97% of respondents to the consultation who argued against the proposed increases, suggesting instead that a much more moderate and stepped increase was appropriate.